Warrant Program

The 2015 Annual General Meeting approved a warrant program for the CEO and other senior executives in which 950,000 warrants are issued, equal to a dilutive effect of approximately 0.85 percent on the number of shares.

Each warrant grants the right to subscribe for one Class B share in Pricer AB during the period from May 29, 2018, up to and including June 29, 2018. The strike price has been set at SEK 12.40, which corresponds to 152 percent of the Pricer share’s volume-weighted average price on Nasdaq Stockholm during the period from May 12, 2015, up to and including May 18, 2015. In order to hold and exercise the subscription warrants, the holder must be employed in the Pricer Group until such time that the warrants can be exercised.

The 2016 Annual General Meeting approved a new warrant program for the CEO and other senior executives in which 1,045,000 warrants are issued, equal to a dilutive effect of approximately 0.93 percent on the number of shares.

Each warrant grants the right to subscribe for one Class B share in Pricer AB during the period from May 27, 2019, up to and including June 27, 2019. The strike price has been set at SEK 12.80, which corresponds to 150 percent of the Pricer share’s volume-weighted average price on Nasdaq Stockholm during the period from April 29, 2016, up to and including May 13, 2016. In order to hold and exercise the subscription warrants, the holder must be employed in the Pricer Group until such time that the warrants can be exercised.

Warrants outstanding

DesignationNumberYear issuedExecise price, SEK*Expiration date
TO15570 000201512,46/29/2018
TO16665 000201612,86/27/2019
* Each option gives the right to acquire one share at the indicated strike price.